Russian Market

CAR

Russia To Develop ‘Russia House’ Educational Facility In Central African Republic   

Africa, Investment, Russian Market, Security, Trade

A delegation from Russia’s Ministry of Education has paid an official visit to the Central African Republic (CAR), visiting a site in the capital, Bangui, where a ‘Russian House’ joint academic centre will be built, according to Usman Rassukhanov, the director of the Ministry’s Department for the Integration of the National Education System and International […]

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Putin

Putin Lays Out Russian Development Strategy At “Future Technologies” Forum: Analysis

Economy, Finance, Infrastructure, Investment, Russian Market

The Third International Future Technologies Forum held February 20 and 21 in Moscow, which sets the stage for groundbreaking scientific exploration, where emerging ideas, still taking shape in laboratories and research centres, are discussed and refined. This year’s forum focused on chemistry and the application of new materials – cross-cutting fields that will play a

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African

Africa – Russia Tourism Volumes Rising In A New Growth Trend   

Africa, Russian Market, Trade

African Tourists visiting Russia have become a growth trend, and have risen by nearly 60% over the past two years, according to Yulia Maksutova, the deputy director general of the Center for Strategic Research (CSR) in Moscow. Maksutova highlighted a rising demand for travel, powered by expanding business and educational exchanges. She said that flight

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Tenet

Ex-Volkswagen Plant To Produce Russia-China JV Tenet Branded Cars

China, Foreign Investment, Russian Market, Trade

The ex-Volkswagen auto-manufacturing plant at Kaluga is launching auto manufacturing of cars under Russia’s Tenet brand, according to regional governor Vladislav Shapsha. Volkswagen exited the Russian market in 2023, selling the business to their Russian dealership, Avilon, who paid an estimated US$135 million for VW’s Russian business. Volkswagen reportedly invested more than US$800 million to

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Rare Earths

Ukraine’s ‘Rare Earth Deposits’ Are Mainly In Russia   

Economy, Exports, Russian Market, Trade

The discussions between US President Donald Trump and Ukrainian figurehead Volodymyr Zelensky concerning giving the United States access to Ukrainian rare earth deposits has hit a snag – most of the concentrated deposits referenced by Zelensky are actually in Russia. In an article by the UK’s Independent Newspaper the news media provides an interactive map

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Tomato

Tomato Wars: Russia Simply Replaced EU Imports With Azerbaijani Produce 

Agriculture, Commonwealth of Independent States, Imports, Russian Market, Trade

Azerbaijan exported 145,600 tonnes of tomatoes in 2024, up 3.6% compared to the previous year, accordig to the Azeri State Statistics Committee, while the value of the product also increased – by 8.3% to reach US$175.4 million. In 2023, Azerbaijan exported 140,600 tonnes of tomatoes worth US$162 million. In both cases, the primary buyer was

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Golden Apple

Russian beauty retailer Golden Apple enters Saudi Arabian market

Exports, Investment, Middle East, Russian Market, Trade

The cosmetics and perfumery chain Golden Apple (Yekaterinburg) will begin operating in Saudi Arabia, with offline and online stores to be launched in the coming months, the company’s press service said. “Golden Apple will become not only the first Russian beauty retailer to enter the kingdom’s market but also the first multi-brand retailer to enter

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XI

Xi Jinping Expected To Visit Moscow In May For World War Two Victory Day Celebrations

China, Russian Market, Trade

Chinese President Xi Jinping has accepted an invitation to attend the celebration in Moscow of the 80th anniversary of Victory in the Great Patriotic War (World War Two), according to a statement announced by the Russian Ambassador to China, Igor Morgulov. Chinese authorities have not yet commented on the information. Morgulov stated that “The Chairman

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Diamonds

Russian Domestic Investment Grade Diamond Sales Increase Threefold

Economy, Finance, Russian Market, Trade

ALROSA, which produces about 90% of diamonds in Russia, increased sales of investment-grade diamonds by a multiple of three times in 2024, to more than 1,000 units, the company has said. The investment category includes diamonds from 2 carats with certain colour and purity characteristics. Their price point starts from ₽2 million (over US$20,000) per

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